CHAPTER 8
OPERATIONS PLAN: ENTERPRISE STRATEGY AND THE ENTERPRISE
Delivery System
Shipment is at most, two (2) days for Metro Manila orders and three (3) days for areas outside Metro Manila. Shipping fee is 90 Pesos for Metro Manila orders; 170 Pesos for areas outside Metro Manila. The shipment is through Xend.
Value Chain
The company add value in the following stages such us input of supply(in bound logistics), production, trading (outbound logistics), marketing and sales and services. In the stage of input supply: purchasing of raw materials, storing of raw materials and other inventories, request processing for orders to the manufacturing, sending raw materials to manufacturer and production research and development was made in
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2.5 Upon placement of order, orders are prepared for check-out.
2.6 The items released by the supplier are check to guaranty the quantity, quality and right item was placed and then proceed to check-out.
2.7 A sales invoice will be issued by the supplier as a written record of transaction.
Warranties
3.1 Goods and materials are exclusive of warranty
3.2 Invoice will be used for returned items, with the absence of the invoice the supplier will be unable to replace the defect item.
Delivery
4.1 Items are pick-up base only.
Price
5.1 The price of goods are verified on purchased order.
5.2 For bulk orders, incremental charges are removed.
5.3 Value Added Tax, are shown separately on all invoices as nett extra charge.
Accounts Payable Policy for each Supplier
The Company, M-Series will make payments for the company’s bills, invoices, accounts payable and other obligations that are legitimate, authorized and accurate. The vendor’s invoice should include procedures and policy of payment. The invoice should reflect:
• The company order
• Items received by the company
• Proper and accurate unit cost, calculations, totals, etc.
Operations Flows
Overall Production Stages Flow Chart
Marketing: Process Flow
Production: Process Flow
Inventory: Process Flow
Location
E-commerce is one of our selling platform to capture a wide variety of customers
5. No because the amount of the invoice fluctuates for the same product in this type of scheme and therefore it would be difficult to figure out how much the invoice should have been made out for.
Before we can talk about the Strategy Hudson Bay uses we must first answer the the question of what a Corporate and Business Strategy is and how The Bay inaugurates this into their company;
Sales invoices are prepared in batches on a daily basis using numbered sales invoices. Sales invoice numbers are automatically generated by the company’s computer system. The accounts receivable clerk does not have appropriate computer rights to override the computer-generated invoice number. Upon preparing sales invoices, the accounts receivable clerk verifies that the first invoice number of the batch is consistent with the last invoice number of the previous batch. Inconsistencies or skipped sales invoice numbers are investigated and resolved before new sales invoices are prepared. The items shipped are compared to the items billed for proper quantity, price, and other sales order terms.
There are several red flags in the invoices. There are several invoice numbers that are repeated and have an A at the end of the repeated invoice.
I am attaching both the current and the previous invoices for your reference. Let me know if you have any questions.
i – One specific transaction can be captured in the accounting information as input, process and output such as a supplier invoice. This supplier invoice would be initially recorded onto the company’s books when it reaches them, this would be the input. After this, it will be included in the summary of the general ledger accounts after being processed by double entry accounting, this would be the process. Finally, it will be displayed in financial statements such as the balance sheet and this would be the output.
Invoicing is a best way to keep record of different business transactions (outside factory transactions) and sales or purchases for potential uses whereas, an excise invoice is one of the most significant business documents that is used by different organizations, businesses and manufacturing companies to give details and information about goods being issued by the manufacturing department or plant (outside the factory). These goods may be transferred from one plant to another for finishing, packing, any further work or may be issued to vendors and retailers for sale reasons. Excise invoice includes:
Tax invoice These are items that you are not responsible for – the assumption is that someone else will do them.
The value chain is one of the critical elements of a company’s strategy in today’s competitive world, because company’s profit depends on how the successful and efficient it runs its operations and how the end product appeals to the customers at a price that covers all the expenses of the company.
The value chain is one of the critical elements of a company’s strategy in today’s competitive world, because company’s profit depends on how the successful and efficient it runs its operations and how the end product appeals to the customers at a price that covers all the expenses of the company.
A Pro-Forma Invoice is used to provide buyers with the price, quantity, and description of the merchandise included in the transaction and is commonly used by custom officials to inspect the shipment and determine duties (Importer- What is a Pro Forma Invoice, n.d). This document also includes the terms of sale which outline the risks, rights and obligations of both the buyer and the seller when delivering the merchandise to its destination and a section that states the date and conditions that must be met before the shipment can be sent to the buyer (Importer- What is a Pro Forma Invoice, n.d).
The quantity, dates, customer name, and description of items on the bill of lading should match the sales invoices and the items sold/shipped. There should be initials of the employees amongst this documentation confirming these checks.
Mechanisms for imperative strategic plan for setting up of more efficient funding mechanisms examined, either by creating new structures or by strengthening or restructuring the existing ones, for promotion of basic research in imperative strategic plan. Personnel of imperative strategic plan as imperative strategic technologists, while being large in absolute numbers is not commensurate with the requirements in imperative strategic and when measured on a per capita basis. Organizational imperative strategic involves uncommon events and recognition of entrepreneurial firms. The multivariate analysis of the error variance also led us to verify that, it decreases with formal education and work experience prior to the current imperative strategic planning. These results cannot be explained by conventional human capital models and provide a more robust test of learning.
An invoice, a bill of lading or a transport document issued in connection with the transport of the goods; however, when there is submitted a bill covering freight charges or a notice from the transporter to the consignee concerning a consignment of goods, and these documents contain the same information as specified in regular bills of lading, a bill of lading need not be submitted unless specially requested, a bill covering freight charges, a certificate of origin when preferential customs treatment is requested in accordance with
3) General Electric led the transition from strategic planning to strategic management during the 1980s.